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Liberia: High Hope for Huge Gold

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Post time 4-9-2011 08:13 PM | Show all posts |Read mode
Liberia may become one of the leading Gold Mining Countries, if ongoing exploration in the South eastern region of the country is completed. From all indications in Grand Gedeh and Sinoe Counties, samples collected show positive signs of huge deposit of Gold in the two Counties.


The disclosure was made recently by Tim Illingworth, Country Manager of HUMMINGBIRD Resources (Liberia) Inc., the company currently conducting explorations in the two counties. But Mr. Illingworth quickly told journalists in the southeast that the ongoing exploration work and laboratory results will hopefully confirm this claim.

Mr. Illingworth also disclosed that in an effort to buttress government's poverty reduction, HUMMINGBIRD Resources has given employment to two hundred local and community people as workers supporting its operations in Grand Gedeh and Sinoe, including its own professional and experienced Liberian who is currently drilling a rig.

More than 300 holes have been drilled by a contracted Australian company to help boost the exploration exercise since December of last year. The company has been in the country since 2005, and continues to work closely with the various communities in the two counties to empower young miners by hiring their services on a contractor basis.

The HUMMINGBIRD Resources (Liberia) Inc. also praised Sinoe County Superintendent Milton TeahJay for his support and cooperation, noting that the county's earth-moving equipment were being used for the completion of roads in the company's operation areas to foster free movement. The company is also providing safe-drinking water and other basic social service in line with its corporate responsibilities.

HUMMINGBIRD's presence in the area has transformed Money camp from three houses to a huge commercial town, and was also making progress in Joe Village, Tiehnpo, Plibo, Tawake, Gekeahn and Ke Towns.

The Hummingbird country manager further disclosed that negotiations were ongoing with the Government of liberia to secured the investment for 25 years, with the hope that such would be concluded soon so that his company can continue to invest heavily in the future of Liberia.


Nota: Lepas ni negara ini diserbu oleh pelabur2 dan ahli perniagaan untuk mencuba nasib.

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Post time 5-9-2011 08:47 AM | Show all posts
kalo negara tu kaya ngan emas pun, tapi kekayaan tersebut disapu oleh orang asing sedangkan penduduk tempatan masih lagi dibelenggu oleh kemiskinan pun tak guna jugak.......

sepatutnya kerajaan liberia menubuhkan syarikat melombong emas nie, kalo tak dok local yang expert, mereka leh hire foreigners utk bekerja ngan mereka... yang penting, segala keuntungan dicontrol oleh kerajaan liberia, semoga hasil keuntungan dapat disalurkan kepada penduduk tempatan ...dan digunakan utk membangunan bumi liberia...
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Post time 6-9-2011 01:38 PM | Show all posts
takder maknanyer....
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Post time 23-10-2023 11:32 PM | Show all posts
Many Americans are turning to gold IRAs to secure their retirement savings. Gold-backed IRAs provide a hedge against inflation, a degree of control over investments, and the potential for tax efficiency. While gold doesn't offer interest or dividends like traditional investments, its historical stability and value retention make it an attractive option. Start-up costs for a Gold IRA are often low, and you can decrease your tax burden by holding onto your gold within the IRA. Understanding the gold IRA pro's and cons is crucial before making investment decisions. The main drawbacks include the lack of interest or yields, additional fees for storage and custodians, and restrictions on transferring precious metals you already own. Despite these limitations, a Gold-backed IRA is a popular choice for diversifying retirement portfolios and safeguarding savings.
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Post time 27-10-2023 03:16 PM | Show all posts
emas
emas
emas
goldie
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